Construction and Real Estate Conference 2018

COR1826 - Implementing ASC 606 - Revenue Recognition

Dec 6, 2018 5:15pm ‐ Dec 6, 2018 6:05pm

Standard: $49.00

Description

While you may have an understanding of the basic concepts of ASC 606, during this session we will discuss some of the implementation challenges of this new standard. Such as potential impacts to internal control process, additional required information needed for new disclosure requirements and potential impacts of the financial reporting process. 

Learning Objectives:

  1. Identify areas of complexity that will require significant judgments upon adoption of ASC 606.
  2. Outline areas of concern for changes in accounting policies and procedures and internal control changes needed to ensure compliance with ASC 606.

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